What might change at Deutsche Bank with a new man at the helm of Germany's biggest lender? Will it ever become really big again? DW interviews Sascha Steffen from the Frankfurt School of Finance.
Hudson Executive has built a 3.1-percent stake in Germany's biggest lender to become one of its major shareholders. The New York-based fund said it believed in CEO Christian Sewing to turn around the ailing business.
Germany's largest lender has reported a hefty drop in net profit for the third quarter amid a continued restructuring drive. Deutsche said it was aiming to return to profitability this year for the first time since 2014.
Germany's struggling lender Deutsche Bank says it's making quicker progress in cutting costs and reshaping its business model. The bank's second-quarter profit also beat analyst estimates.
Chinese conglomerate HNA looks set to sell off its remaining stake in Germany' largest lender, Deutsche Bank. HNA has been under mounting pressure to rethink investments in order to reduce its massive debts.
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